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CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME        
Revenues $ 57,394 $ 67,328 $ 121,104 $ 132,119
Operating expenses        
Direct costs and expenses for advisors 33,759 38,146 74,776 78,911
Selling, general and administrative 18,593 24,223 40,474 47,235
Depreciation and amortization 1,529 1,675 3,060 3,359
Operating income 3,513 3,284 2,794 2,614
Interest income 54 89 127 92
Interest expense (819) (1,602) (2,203) (3,165)
Foreign currency transaction (loss) gain (82) (18) 80 (35)
Income (loss) before taxes 2,666 1,753 798 (494)
Income tax provision (benefit) 2,054 1,339 1,545 (10)
Net income (loss) $ 612 $ 414 $ (747) $ (484)
Weighted average shares outstanding:        
Basic (in shares) 47,601 46,880 47,458 46,344
Diluted (in shares) 48,962 47,401 47,458 46,344
Earnings (loss) per share:        
Basic (in dollars per share) $ 0.01 $ 0.01 $ (0.02) $ (0.01)
Diluted (in dollars per share) $ 0.01 $ 0.01 $ (0.02) $ (0.01)
Comprehensive income (loss):        
Net income (loss) $ 612 $ 414 $ (747) $ (484)
Foreign currency translation, net of tax (expense) benefit of ($287), ($36), $192 and $14, respectively. 929 104 (521) (55)
Comprehensive income (loss): $ 1,541 $ 518 $ (1,268) $ (539)